Titan Cement International Balance Sheet Health
Financial Health criteria checks 6/6
Titan Cement International has a total shareholder equity of €1.7B and total debt of €869.6M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are €3.2B and €1.5B respectively. Titan Cement International's EBIT is €424.5M making its interest coverage ratio 11.4. It has cash and short-term investments of €200.1M.
Key information
51.0%
Debt to equity ratio
€869.65m
Debt
| Interest coverage ratio | 11.4x |
| Cash | €200.15m |
| Equity | €1.70b |
| Total liabilities | €1.51b |
| Total assets | €3.22b |
Recent financial health updates
These 4 Measures Indicate That Titan Cement International (ATH:TITC) Is Using Debt Reasonably Well
Oct 22
Is Titan Cement International (ATH:TITC) A Risky Investment?
Jul 12Titan Cement International (ATH:TITC) Has A Pretty Healthy Balance Sheet
Mar 26Does Titan Cement International (ATH:TITC) Have A Healthy Balance Sheet?
Sep 08Is Titan Cement International (ATH:TITC) Using Too Much Debt?
May 12Here's Why Titan Cement International (ATH:TITC) Has A Meaningful Debt Burden
Jan 11Recent updates
Titan Cement International (ATH:TITC) Is Doing The Right Things To Multiply Its Share Price
Nov 22These 4 Measures Indicate That Titan Cement International (ATH:TITC) Is Using Debt Reasonably Well
Oct 22If EPS Growth Is Important To You, Titan Cement International (ATH:TITC) Presents An Opportunity
Oct 10Benign Growth For Titan Cement International S.A. (ATH:TITC) Underpins Its Share Price
Sep 28Why Titan Cement International S.A. (ATH:TITC) Could Be Worth Watching
Sep 16Is Titan Cement International S.A. (ATH:TITC) Trading At A 45% Discount?
Aug 15We Like These Underlying Return On Capital Trends At Titan Cement International (ATH:TITC)
Jul 26Is Titan Cement International (ATH:TITC) A Risky Investment?
Jul 12Should You Be Adding Titan Cement International (ATH:TITC) To Your Watchlist Today?
Jun 15When Should You Buy Titan Cement International S.A. (ATH:TITC)?
Jun 03Titan Cement International S.A.'s (ATH:TITC) Intrinsic Value Is Potentially 44% Above Its Share Price
Apr 24Titan Cement International (ATH:TITC) Has A Pretty Healthy Balance Sheet
Mar 26There's Been No Shortage Of Growth Recently For Titan Cement International's (ATH:TITC) Returns On Capital
Feb 21Why Titan Cement International S.A. (ATH:TITC) Could Be Worth Watching
Feb 07The Market Doesn't Like What It Sees From Titan Cement International S.A.'s (ATH:TITC) Earnings Yet
Jan 25Titan Cement International (ATH:TITC) Might Have The Makings Of A Multi-Bagger
Nov 14With EPS Growth And More, Titan Cement International (ATH:TITC) Makes An Interesting Case
Nov 02Is It Time To Consider Buying Titan Cement International S.A. (ATH:TITC)?
Oct 07Does Titan Cement International (ATH:TITC) Have A Healthy Balance Sheet?
Sep 08Estimating The Intrinsic Value Of Titan Cement International S.A. (ATH:TITC)
Aug 24Do Titan Cement International's (ATH:TITC) Earnings Warrant Your Attention?
Jul 04Is Titan Cement International (ATH:TITC) Using Too Much Debt?
May 12Analyst Forecasts For Titan Cement International S.A. (ATH:TITC) Are Surging Higher
Mar 27Here's Why Titan Cement International (ATH:TITC) Has A Meaningful Debt Burden
Jan 11Be Wary Of Titan Cement International (ATH:TITC) And Its Returns On Capital
Sep 02Industry Analysts Just Upgraded Their Titan Cement International S.A. (ATH:TITC) Revenue Forecasts By 12%
Aug 03Is Titan Cement International (ATH:TITC) Using Too Much Debt?
Jun 15Investors Met With Slowing Returns on Capital At Titan Cement International (ATH:TITC)
Apr 12Analysts Have Made A Financial Statement On Titan Cement International S.A.'s (ATH:TITC) Annual Report
Mar 21Is It Too Late To Consider Buying Titan Cement International S.A. (ATH:TITC)?
Jan 30Investors Met With Slowing Returns on Capital At Titan Cement International (ATH:TITC)
Jan 06We Think Titan Cement International (ATH:TITC) Is Taking Some Risk With Its Debt
Nov 24Is It Time To Consider Buying Titan Cement International S.A. (ATH:TITC)?
Jul 06Titan Cement International (ATH:TITC) Seems To Use Debt Quite Sensibly
Jun 09Titan Cement International S.A.'s (ATH:TITC) Intrinsic Value Is Potentially 56% Above Its Share Price
Apr 14We Think You Can Look Beyond Titan Cement International's (ATH:TITC) Lackluster Earnings
Mar 30What Is Titan Cement International S.A.'s (ATH:TITC) Share Price Doing?
Mar 20Should You Be Adding Titan Cement International (ATH:TITC) To Your Watchlist Today?
Mar 05Financial Position Analysis
Short Term Liabilities: TITC's short term assets (€992.4M) exceed its short term liabilities (€814.4M).
Long Term Liabilities: TITC's short term assets (€992.4M) exceed its long term liabilities (€699.8M).
Debt to Equity History and Analysis
Debt Level: TITC's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: TITC's debt to equity ratio has reduced from 68% to 51% over the past 5 years.
Debt Coverage: TITC's debt is well covered by operating cash flow (52.9%).
Interest Coverage: TITC's interest payments on its debt are well covered by EBIT (11.4x coverage).